New Delhi: In a significant setback for the Trinamool Congress (TMC) amid mounting political turbulence, Rajya Sabha MP Sukhen Shekhar Ray on Monday resigned from the party and stepped down as a member of the Upper House of Parliament. A seasoned parliamentarian and among the TMC’s most prominent voices in the Rajya Sabha, Ray submitted…
New York: Police are offering a USD 20,000 reward for information leading to arrest in the killing of a 28-year-old Indian man in Philadelphia who was shot dead after delivering pizza to a vacant home. Anshul Kuncha, who hailed from Hyderabad, was shot in the back of the head and killed around 12:30 am Friday…
Why Central Banks Still Need Both Gold and Treasuries M Radha Madhavi The global reserve landscape is undergoing a subtle but significant transformation, according to a recent analysis by the research team at Invictus Finserv LLP. The study points to the latest reserve data released by the European Central Bank (ECB), which shows gold accounting…
New Delhi: India’s space economy, currently close to USD 9 billion, is expected to expand to about USD 45 billion over the next seven to eight years, Union Minister Jitendra Singh said on Sunday. The minister also stated that India’s space startup ecosystem has grown from a single-digit number of startups a few years ago…
Rio De Janeiro: The current energy shock should add even more urgency to the development of renewables, including SAF, and the sustainable aviation fuel production is projected to touch around 2.4 million tonnes this year, accounting for just 0.8 per cent of the global jet fuel use, according to the airlines’ grouping IATA. Jet fuel…
Tumakuru (Karnataka): Karnataka Chief Minister D K Shivakumar on Saturday said that he cannot abandon his Hindu religion and set aside his identity. He underlined that he respected all religions and that observing Hindu rituals during his oath-taking ceremony was a reflection of personal faith rather than politics. “Politics is not important to me. What…
Daman: Prime Minister Narendra Modi on Friday said the 7.7 per cent GDP growth for fiscal 2025-26 shows the foundation of India’s economy was strong, and the country can manage itself amidst the ongoing global turmoil with the collective effort of its 140 crore citizens. He maintained that India is the fastest-growing major economy in…
Mumbai: The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said a projected deficiency in the south-west monsoon could impact rural demand and private consumption, though mitigation measures are expected to cushion the effect. During the post-monetary policy conference, Malhotra said rural demand and private consumption have remained healthy so far but acknowledged…
Mumbai: The Reserve Bank on Friday expectedly kept interest rates unchanged for the second time in a row as it weighed the impact of rising energy prices and supply disruptions caused by the West Asia crisis. The policy decision comes amid a three-month-long conflict in West Asia that has disrupted energy supplies, leading to a…
Washington: US President Donald Trump said that Prime Minister Narendra Modi is a good friend and expressed confidence that the United States and India would reach a trade agreement. “We will get to a deal because I like your prime minister a lot. He is a good friend of mine. We get along great, and…
